An amendment to provide that availability schedules would not apply to a check if the receiving depository institution reasonably believed that the drawer or drawee of the check had become, or was about to become, subject to bankruptcy, receivership or similar proceedings, or when the receiving depository institution reasponably believed that a situation involving fraud.

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Amendment Number
714
Description
An amendment to provide that availability schedules would not apply to a check if the receiving depository institution reasonably believed that the drawer or drawee of the check had become, or was about to become, subject to bankruptcy, receivership or similar proceedings, or when the receiving depository institution reasponably believed that a situation involving fraud.
Congress
99
Type
HAMDT
Latest Action Date
Jan 23, 1986
Latest Action Text
Amendment Failed of Passage in Committee of Whole by Teller Vote: 110 - 121.
Submitted Date
Jan 23, 1986
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 714 — Informed